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deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> never been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible....
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we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids $2,000 in order to pay for their tax cut for the wealthiest americans. jon: i want to play a quick clip from my colleague chris wallace and get your reaction. >> i think i have watched almost every presidential and vice-presidential debate since the first four kennedy-nixon debates in 1960, thinking back over the last few minutes i don't believe i have ever seen a debate in which one participant was openly disrespectful of the other as biden was to paul ryan tonight. that's what it was. you can talk about the smirks, smiles, head shaking, the mugging, it was openly, contemptuous and d
we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids...
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even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven
even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do...
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mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president talk about big bird and have the first lady do it instead. >> okay. hogan, let's jump ahead to tomorrow night. appreciate sewer truly on for vice president joe biden to deliver the debate in kentucky, same quote. team baerm needs a strong performance from biden to make up for last week and change the subject. another bad outing by a member of the ticket and democratic hand wringing could turn into full-fledged panic. is the shoe on the other foot now with president obama being the underdog, team romney, was panicking? certainly before l
mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president...
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the house republicans won on the tea party deficit and the first thing they did was try to defund planned parenthood. >>> ryan said something incredibly important. we don't want unelected judges making these decisions. that means overturning roe v. wade. that's what they want. >> i want to play a clip of the one moment the supreme court came out. i want to hear from you, michael, right after this break. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought her family to our test facility to see if it worked. [ woman ] take a dee
the house republicans won on the tea party deficit and the first thing they did was try to defund planned parenthood. >>> ryan said something incredibly important. we don't want unelected judges making these decisions. that means overturning roe v. wade. that's what they want. >> i want to play a clip of the one moment the supreme court came out. i want to hear from you, michael, right after this break. ♪ [ male announcer ] jill and her mouth have lived a great life. but she...
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romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat could matter the most. this year handful of states states including nevada and quarter. molly line with more on this live from boston. >> hi, shep. we turned from the states where they have been spending a lot of time. nevada glitz and glamour of the las vegas strip. real estate tough bed. highest unemployment rate in the nation at 12.1%. difficult place to convince people that things are going to get better. 6 electoral votes are at stake. real estate agent says the housing market has been disseminated. >> because of, you know, mitt romney and knowing how to manage money and obama being for the people,
romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat...
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he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed as this great economist, this great numbers thinker. >> michael, ryan still had no answer, as joan said shall as to how he'd pay for a 20% across the board tax cut. martha raddatz asked at least twice. mike, have you ever heard a politician make such a promise to the electorate yet not even try, not even attempt to provide one detail when asked? >> well, here is what the campaign will say and here is what ryan wasn't saying explicitly on that stage because it's a hard thing to argue. it's that they believe that if you give this sort of tax cut, there will be economic
he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...
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congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man said that he forgot that he had -- he got hired for the job. >> what? >> yes. another woman said that her grandmother was being exhumed for an investigation. and therefore can't come in to work. her grandmother, someone part of the manson family that was under investigation now? yeah, so, that -- so there's that. and also, people still look at -- employers also investigate whether or not you're coming into work or not. that's something you have to be worried about, too. >> wow. okay, that's pretty good. thank you very much hitha prabhakar. i'm never using either of those now. >> no. >> in this morning's one-minu
congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across th
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reed, were paralyzed. the romneys didn't know them. they went to the same church, they never met before. mitt asked if he would come over for christmas. he brought his wife and boys and gifts and later said, i know you're struggling, mark. don't worry about their college, i'll pay for it. when mark told me this story, he -- because you know what, mitt romney doesn't tell these stories. he said it wasn't the cash help. it's that he gafe his time and he has consist enltly. this is a man who gave 30% of his
get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a...
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he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway any voters? the vast majority tell us they made up their minds before the debate. joining me now, lee, director of the marist poll. that's what i want to start off with. i thought it was remarkable that we're talking single digits here, 7% in florida, 7%, 6%, in these three states that said the debates mattered. among that small sliver of people, they all favored romney for those that say debates mattered. >> this is what we've been saying throughout the campaign. this electorate who picked sides early, the undecided has been low, those firmly committed to a candidate has been very high. a
he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway...
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submarines and destroyers than the pentagon even wants and then finally tackle our immoral debt and deficit. i'm going to ask you a question. let me see if i got it here. as an american voter, i think this is important. are you a wizard? >> i don't believe that. that's not me. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expe
submarines and destroyers than the pentagon even wants and then finally tackle our immoral debt and deficit. i'm going to ask you a question. let me see if i got it here. as an american voter, i think this is important. are you a wizard? >> i don't believe that. that's not me. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas...
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president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the trutut tct tt tatof t tri at iensyha killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against gornor romney and paul ryan. uouf gy odhasicroio it's straight out of the saul alinsky playbook. the american people are focused on the facts. what romney and ryan have in eirenheac coac a governor romney in the debate because he has the facts about the economy. alisyn: kirsten, is that how you interpret it? >> it's interesting to juxtapose atpe i libya where there were some untruths told if you want to be subtle about it. when you have the administration being dishonest about the way they handled aer very seous iue finur ar ain pef lying because of things that i think are probably differences of opinion, it's pretty startling. i think it's desperate. this liar liar strategy iser e te fly considering obama really just was pretty much decimated
president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the trutut tct tt tatof t tri at iensyha killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against gornor romney and paul ryan. uouf gy odhasicroio it's straight out of the saul alinsky playbook. the american people are focused on the facts....
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i am going to blow the deficit up even larger. and by the way, all republicans, almost all republicans nationwide said we want to repeal row-wade and now says actually if you elect me, no chance. >> if we get too much caught up on him being moderate or being conservative, i'm not sure that the democrats taking advantage. where they've taken advantage is show him as someone without a consistent point of view willing to say anything because the president has to be someone who makes tough decisions even when they're unpop ulular. we'll see if that plays out. >> the bottom line he is more conservative than president obama. >> are you sure? >> absolutely. and conservatives know with a mitt romney in the white house they will get more conservative judges in federal positions. they will get -- they probably won't get, you know, the executive orders allowing international funding of abortion. that's the choice. >> that is true. of course that's true. but nobody has a problem with someone changing their mind given new information or a new
i am going to blow the deficit up even larger. and by the way, all republicans, almost all republicans nationwide said we want to repeal row-wade and now says actually if you elect me, no chance. >> if we get too much caught up on him being moderate or being conservative, i'm not sure that the democrats taking advantage. where they've taken advantage is show him as someone without a consistent point of view willing to say anything because the president has to be someone who makes tough...
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my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing statements about your own personal character. if you are elected, what could you both give to this country as a man, as a human being, that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is about. 12 million jobs, higher take home pay, gettin
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing...
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president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the truth about the actual threat and the nature of the terrorist attack in been gatsy that killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against governor romney and paul ryan. this is classic projections. accusing your oh poanltd of what you yourself have guilty of. it's straight out of the saul alinsky playbook. the american people are focused on the facts. what romney and ryan have in their arsenal are the facts. that's why president obama could not come back again governor romney in the debate because he has the facts about the economy. alisyn: kirsten, is that how you interpret it? >> it's interesting to juxtapose this conversation against what's going on in this hearing with what happened in libya where there were some untruths told if you want to be subtle about it. when you have the administration being dishonest about the way th
president obama and his team who have lied to the american people about their willingness to cut the deficit, their reality of obama-care, fast and furious, and now the truth about the actual threat and the nature of the terrorist attack in been gatsy that killed four americans. they have been repeatedly lie together american people for years. i find it ironic now they are leveling that attack against governor romney and paul ryan. this is classic projections. accusing your oh poanltd of what...
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i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working? >> no! >> he said pass my health care bill. he jammed it through congress without a single republican vote. he said we need to do this 'cause we can reduce the cost of premiums by $2,500. guess what? we found just found out from the people who look at this, congressional budget office, it's $2,500 increase in our premiums thanks to obamacare. do you think it's working? >> no. >> no, it's not working. but the good news is for ohio and for our country, we have a leader who has the experience. he's got the record. he has the character and he has the policies to turn thi
i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working?...